Reflection Paperszxc
Reflection Paperszxc
Introduction:
Who was the first person to utter or imagine the word Globalization? They believe that it
was Theodore Levitt, the Harvard Business School marketing professor who in 1983 penned an
article for the Harvard Business Review entitled “The Globalization of Markets”. But, what is
argued by many scholars. There were lots of people tried to give a short and precise definition
that can really cover up the broad and whole concept of globalization. However, according to
Steger “Globalization refers to the expansion and intensification of social relations and
consciousness across world-time and world-space”, this definition was critically written after his
broad and thoroughly analysis. In addition to Steger’s analysis, Globalization is a set of social
processes that lead to the social condition of globality, through the growing consciousness of
but common themes include the creation of networks, expansion of social relations, and the
acceleration of social exchange. Globalization is the word used to describe the growing
interdependence of the world’s economies, cultures, and populations, brought about by cross-
border trade in goods and services, technology, and flows of investment, people, and
information. Countries have built economic partnerships to facilitate these movements over
many centuries.
important part of learning about our human involvement with the environment and society. Our
daily experiences at school, work, and home are an integral part of the globalization process.Th e
members of our local and global communities. The purpose of studying globalization to
understand the differences and similarities of different cultures and to understand how we are
Summary:
This article showed different used and applications to describes and elaborate more the
concept of globalization. It distinguishes between its use as an analytical tool and as a political
programme. The concept of globalization has been debating for many years. The used of
globalization as an analytical tool were discussed by which supporters and sceptics show their
different perspectives regarding with this. Supporters are those people who see globalization as a
positive, while critics are sceptical about the idea of global economic integration being anything
particularly new. As organizations and industries capitalize on a free trade market, people
continue to debate globalization. For supporters, globalization is something that is occurring and
is changing the face of modern societies, sceptics agreed with this yet according to them it is not
applicable for all because there were things that still remain the same. Supporters believe that
globalization is happening and that local cultures are being eroded primarily because of the
expansion of international capitalism and the emergence of a homogeneous global culture; they
prosperity and the spread of democracy. In contrast, sceptics believe that globalization is
exaggerated and as they look back to the nineteenth century, they’re able to draw higher
statistical evidence of developed flows of trade and investment which they compared to today’s
modern society. The Sceptics insist that their analysis of the nineteenth century demonstrate that
As a political programme, too, globalization represents an agenda that has both its
advocates and critics. Advocates believe that Globalization is logical expression of capitalism, all
nations will benefit through the increasing wealth from the trickledown effect, Every country or
region should seek its economic right position and it creates strongly support multinational
organizations. In contrast, critics believes that globalization is not a natural process but an
economic policy promoted by core countries, creates greater inequalities, promotes free-market,
export-oriented economies and free-market economic model is not the one that today’s
developed countries used for their own development. In addition, advocates argue that removing
trade barriers will increase efficiency, spread new technology and ideas, free flow of capital will
enhance global economic wealth, the world’s poorer countries will catch up through
globalization.
Reflection:
The concept of globalization is currently a popular but very controversial issue, and has
been one of the most widely debated issues. Globalization has several definitions, but an
undisputable fact which everyone agrees to is the fact that it is a complex process that has wide
supporters and sceptics. And it has lots of things that argued. Those elusive concept of
globalization are explained and argued properly. That todays globalization have more effects
than before like tradings of goods, growth of financial markets, global nature of the world’s
leading corporatios and that growing economic interdependence leads to social interdependence
this are argued by supporters while sceptics argue that globalization that most tradings are not
global, companies in the world are not global those argued by supporters are not literally global
because it has its limits. Supporters have a point of whats happening in the world that theres
trading and more but sceptics also have a point that although theres trading and the word is
socializing, and cooperating this is not yet a globalization because not all countries are affected.
Although there are alot of things that have a good effect today in our world unlike before this are
Looking critically at the concept, globalization it can be examined from several angles
which includes not only economic, the most common viewpoint, but also social, cultural,
ideological and political ones. Based on I have read truly globalization has impact in every
aspect of personal life of individuals, who are part of both developed as well as developing
countries. However, if we are going to analyze the viewpoints of supporters and sceptics, we can
see that the intensity of this impact differ from person to person depending upon several
demographic traits that bring the individuals closer to an international exposure. In addition, the
individuals belonging to developed nations are observed to be highly influenced by the impacts
countries (Mackay,2000). With this observation, the individuals belonging to under developed
countries are deprived of conducive environment, including the technological support and
infrastructure, which makes them deprived to take the benefits of globalization. This then means
that globalization does not hold the same benefits for all members of the global community. It
holds more benefit for members of developed nations while developing nations can be said to be
Moral Challenge. This two is a little the same it is all about the humans concerns, and human
rights. It is all about humans. And it is really important to discuss this about human in
globalization because we humans have a role and responsibility about the globalization that is
happening.
Conclusion:
eye opener for us human, for us to know what is really happening in globalization that not all
countries are affected by this, advantages and disadvantages. Although there is alot of happening,
and prosperity to other countries we still can’t deny the fact that not all of us are affected by this.
This paper has been able to show globalization as a complex process with wide reaching
impacts on developing countries. Globalization on its own has a lot of gains and benefits, but due
to the influence of some other factors and especially the nature and structure of most developing
nations, it impacts negatively despite its advantages. These impacts hold serious challenges for
developing countries in the face of needed economic growth and development for these
countries. To this end, the leadership of the various nations in the developed world must
understand that their major responsibilities lie in the needs of their immediate societies. It is
therefore imperative that these countries formulate rational policies and reforms that would guide
liberalization of trade and the complexities of globalization as a whole to conform to their own
domestic economic agenda. Globalization itself should not be hindered. But the extent and pace
of its progress should be made to reflect the nation’s situation and presenting economic
dispensation so that in the long run, the developing country itself would be able to strongly